I read the article on the 35k pounds GT-R here on evo and that made me wonder..
Why is it that here in Portugal a 2012 GT-R is 110k pounds (€130k). Even with the unreasonable taxes we have, it seems a bit too much..

This occurs with pretty much any car company, although japanese cars seem to be really cheaper in the UK. Does anyone have an explanation for this?

How much is the new Chevrolet Corvette in Portugal.
In Blighty its reckoned to be £50,000
but over in the US of A its only £30,000
If performance cars were that cheap I would have one.
Considering a move to America based on that. mind you by then I wouldn't have the money left for the car. grrr

I read the article on the 35k pounds GT-R here on evo and that made me wonder..
Why is it that here in Portugal a 2012 GT-R is 110k pounds (€130k). Even with the unreasonable taxes we have, it seems a bit too much..

This occurs with pretty much any car company, although japanese cars seem to be really cheaper in the UK. Does anyone have an explanation for this?

I read the article on the 35k pounds GT-R here on evo and that made me wonder..
Why is it that here in Portugal a 2012 GT-R is 110k pounds (€130k). Even with the unreasonable taxes we have, it seems a bit too much..

This occurs with pretty much any car company, although japanese cars seem to be really cheaper in the UK. Does anyone have an explanation for this?

Because the 35k GTR is secondhand

exactly. Beany bought a yellow puma second hand for a grand or so (it needs a new cv joint btw) - they cost way more than £1k new in Portugal.

How much is the new Chevrolet Corvette in Portugal.
In Blighty its reckoned to be £50,000
but over in the US of A its only £30,000
If performance cars were that cheap I would have one.
Considering a move to America based on that. mind you by then I wouldn't have the money left for the car. grrr

Can't find prices for the new corvette, but I saw that a camaro in the UK is about £35-40k, in Portugal prices start at £85k.. thats 50k MORE.
And considering that the average monthly income is LESS than £1000 (which is sad) here in Portugal... it really makes me mad

I read the article on the 35k pounds GT-R here on evo and that made me wonder..
Why is it that here in Portugal a 2012 GT-R is 110k pounds (€130k). Even with the unreasonable taxes we have, it seems a bit too much..

This occurs with pretty much any car company, although japanese cars seem to be really cheaper in the UK. Does anyone have an explanation for this?

Because the 35k GTR is secondhand

Even so, a used 2009 GTR with 14000 miles costs £80k. It's crazy.. it's almost as cars dont depreciate here.

Even so, a used 2009 GTR with 14000 miles costs £80k. It's crazy.. it's almost as cars dont depreciate here.

You could buy one in whatever EU country with no additional tax (avoiding UK and Ireland if you want to avoid having the steering wheel on the wrong side ) - in France the first prices are about €50,000 (about £43,000); for instance.
Prices seem to be similar in Germany (or in Spain, but they seem to be scarcer there then in Germany or France).

Even so, a used 2009 GTR with 14000 miles costs £80k. It's crazy.. it's almost as cars dont depreciate here.

You could buy one in whatever EU country with no additional tax (avoiding UK and Ireland if you want to avoid having the steering wheel on the wrong side ) - in France the first prices are about €50,000 (about £43,000); for instance.
Prices seem to be similar in Germany (or in Spain, but they seem to be scarcer there then in Germany or France).

Not really, because here we have to pay a tax to legalize foreign cars, even from the EU. It's cheaper it the car is old, has low emissions and low cc. For a GT-R none of that helps.

jmdv, here in Ireland we have to pay VAT on our cars, just like practically every other country. On top of that we also have to pay VRT (vehicle registration tax).

So a brand new car like a GT-R would have the Manufacturer price plus delivery charges X 23% for VAT x 36% for VRT. (VRT varies on the CO2 emissions levels here from 14% to 36%.)

Do Portugal have a similar system?

Many people here buy second hand cars in the UK and have to pay the VRT on them when they bring them into the country. As the VAT was already paid for in an EU counrty that doesn't have to be paid again.

Here in Portugal we pay ISV which translated means "tax over vehicle", IUC which I think is related to emissions and other factors and we pay IVA which is a tax over anything you buy, car or not, doesn't matter.

If it's any consolation, you have to pay sales tax on used cars in the US. 8% here. Yeah I know...

Ha, I found that out when one of my house-mates just bought a 2007 Civic. Apparently, used cars hold their value quite well in NJ anyway.

Yes they do. In particular the larger cars don't plummet like they do in the UK as V8's doing 20mpg don't put people off. After the initial depreciation prices flatten out and don't seem to drop that much.

If it's any consolation, you have to pay sales tax on used cars in the US. 8% here. Yeah I know...

Ha, I found that out when one of my house-mates just bought a 2007 Civic. Apparently, used cars hold their value quite well in NJ anyway.

Yes they do. In particular the larger cars don't plummet like they do in the UK as V8's doing 20mpg don't put people off. After the initial depreciation prices flatten out and don't seem to drop that much.

Our host did previously suggest that her mechanic friend has a 90's Volvo of some description for sale. He wants $5000 for it

If it's any consolation, you have to pay sales tax on used cars in the US. 8% here. Yeah I know...

Ha, I found that out when one of my house-mates just bought a 2007 Civic. Apparently, used cars hold their value quite well in NJ anyway.

Yes they do. In particular the larger cars don't plummet like they do in the UK as V8's doing 20mpg don't put people off. After the initial depreciation prices flatten out and don't seem to drop that much.

Our host did previously suggest that her mechanic friend has a 90's Volvo of some description for sale. He wants $5000 for it

Yep, real shitters when you get down to $5k , especially as there is no MOT, only emissions checks!

So, it is worse for us here! This is one competition I wish I didn't win. Granted though average wages here are higher than stated above.

On top of that we also have road tax to pay per annum. On a 2013 model GTR it is €2350 per annum.

How exactly do you 'win' if the price here is £109.690,50?
Like kad said, in Portugal if you want to own a decent car you have to be way above the average income.. or just spend money you don't have like many people did here, but that didn't end too well for the most.